n Without Prejudice - Mining Charter enforcement conundrum solved? : mining
|Article Title||Mining Charter enforcement conundrum solved? : mining|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Affiliations||1 Fasken Martineau and 2 Fasken Martineau|
|Publication Date||Sep 2015|
|Pages||25 - 26|
The consequences of failing to comply with the Broad-Based Socio Economic Empowerment Charter for the South African Mining and Minerals Industry as amended are generally unclear. Most commentators in the mining industry are divided on whether a right granted in terms of the Mineral and Petroleum Resources Development Act, 2002 (MPRDA) can be revoked for noncompliance with the Charter. If the proposed amendments to the MPRDA, contained in the Mineral and Petroleum Resources Development Act Amendment Bill, 2013 are anything to go by, it would seem the Department of Mineral Resources (DMR) is also doubtful about the matter.
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